Germany unemployment rate


Germany unemployment rate: 6 (1.69%)
Last Update: June 30, 2024

Germany unemployment rate closed down 6 as of June 30, 2024 from 5.9 from the previous month and 5.7 from last year.


Germany unemployment rate Analytics & Data



Germany unemployment rate

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Germany unemployment rate closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Germany unemployment rate

DateValues
2024-06-30 6
2024-05-31 5.9
2024-04-30 5.9
2024-03-31 5.9
2024-02-29 5.9
2024-01-31 5.9
2023-12-31 5.9
2023-11-30 5.8
2023-10-31 5.8
2023-09-30 5.7
2023-08-31 5.7
2023-07-31 5.7
2023-06-30 5.7
2023-05-31 5.6
2023-04-30 5.6
2023-03-31 5.6
2023-02-28 5.5
2023-01-31 5.5
2022-12-31 5.5
2022-11-30 5.5
2022-10-31 5.5
2022-09-30 5.5
2022-08-31 5.4
2022-07-31 5.4

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Germany unemployment rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
unemployment ratede.unemploymentrate6.05.925UPUP412024-06-30

Germany unemployment rate Factors

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Germany unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Germany unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Germany unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Germany unemployment rate

The unemployment rate in Germany is a key economic indicator that measures the percentage of the workforce that is actively seeking employment but unable to find a job. A low unemployment rate is generally seen as a positive sign of a strong economy, as it indicates that there are ample job opportunities available for workers. Conversely, a high unemployment rate can indicate economic stagnation or recession, as businesses may be cutting back on hiring or laying off workers. Policymakers and economists closely monitor the unemployment rate in Germany to gauge the health of the economy and make informed decisions on labor market policies and interventions.